During routine conversations the CEO of a new start up reports that 10 of adults...

90.2K

Verified Solution

Question

Statistics

image

During routine conversations the CEO of a new start up reports that 10 of adults between the ages of 21 and 39 will purchase her new product Hearing this some investors decide to conduct large scale study hoping to estimate the proportion to within 2 with 95 confidence How many randomly selected adults between the ages of 21 and 39 must they survey The number of adults that should be surveyed is Round up to the nearest whole number CCO

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students